The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Ethereum Foundation seeks manager amid criticism

The PI network, which released its native token yesterday to its 60 million users, has gained more ground as it recorded a high of $2. The fully diluted value (FDV) reached as high as $195 billion during the initial rise, almost twice the value of the Solana blockchain's SOL.

Ethereum ETF staking introduced a new investment era, merging passive income with blockchain security while gaining SEC approval, reshaping long-term crypto strategies.

Ethereum's price has been fluctuating within a range lately, capturing attention from analysts and investors alike. As of today, Ethereum (ETH) is trading near $2,741, showing a cautious trend in the market.

Franklin Templeton's fund is the second crypto index ETF to hit this US market.

Franklin Templeton has launched its latest crypto exchange-traded product, the Franklin Crypto Index ETF. This marks the asset manager's third major crypto exchange-traded fund.

The Pi coin finally launched on the mainnet today, which has already led to predictions on how high the crypto could rise following the launch. Now, crypto analyst Gem Hunter has provided a bullish outlook for the coin, suggesting that it could even surpass the XRP price after it gets listed on Binance.

Regardless of its persistent waning movements and underperformance compared to a few major crypto assets, Ethereum still has the potential to undergo a significant rally in the ongoing bull market cycle. With key developments surrounding ETH and its ecosystem, many analysts foresee a move to unprecedented levels in the upcoming months.

In 2025, onchain fees on Ethereum have significantly dropped, echoing the easing seen in Bitcoin's transfer fees. According to the latest metrics gathered on Feb. 20, a high priority fee on Ethereum stands at 0.924 gwei or $0.05.

XRP has been steadily recovering from recent price setbacks, showing strong bullish potential. The altcoin has been moving in an upward trajectory, backed by large wallet holders known as whales.

The same analyst who predicted the XRP price crash below $2.50 is now eyeing a surge as the altcoin navigates heightened volatility. The post Pundit Who Predicted XRP's Crash Now Says It's Ready to Soar – How High Can XRP Go? appeared first on Cryptonews.

Cryptocurrency mogul Mike Novogratz has weighed in on the staying power of the Ripple-affiliated XRP token during a recent appearance on "Galaxy Brain" alongside Pantera Capital founder Dan Morehead.

Amid market uncertainty, Ripple rival Stellar (XLM) has reached a critical make-or-break level, leaving investors and traders uncertain. The past few days have been unfavorable for the XLM token, with a 38% price drop. However, recent gains over the past two days appear to be shifting market sentiment.

Ethereum users have expressed frustration that the non-profit organization has grown out of touch with its user base.

With 200 million potential investors, will Brazil's XRP ETF reshape crypto adoption?

BBRL is slated for launch by the end of Q1 2025.

LIBRA's collapse triggered fraud claims, insider trading accusations, and calls for Argentine President Javier Milei's impeachment.

Cryptocurrencies traded in green on Thursday as Bitcoin reclaimed the key $97K mark. The global crypto market cap increased by 2% in the past 24 hours to $3.23 trillion, reflecting renewed optimism. Meanwhile, PI, TRON, and Solana topped today's charts for different reasons.

The US Securities and Exchange Commission (SEC) has taken a significant step by acknowledging XRP ETF applications from multiple asset managers, including CoinShares, Canary Capital, and WisdomTree. In response to the development, XRP lawyer John Deaton reflected on Ripple and XRP's evolution over the past four years.

Issuers are revisiting staking as a part of Ethereum ETFs as the SEC turned a new leaf under President Donald Trump.

XRP has defied market trends, posting a 297% gain against Bitcoin since November. Whale accumulation continues, reinforcing bullish sentiment.

Ripple and Brazilian financial heavyweight Braza Group have announced the launch of a new stablecoin on the XRP Ledger (XRPL). The stablecoin, called BBRL, is pegged to the Brazilian Real and is designed to offer secure, cost-effective solutions for both individuals and businesses.

Solana (SOL) has posted mild gains of 0.4% in the past 24 hours as the token is struggling to stay above a key support area that traders believe could be relevant for its future performance.In the past 7 days, the native asset of the second-largest smart contracts platforms has shed 9.

Solana (SOL), popularly known as the "Ethereum killer," has recorded significant dominance over Ethereum (ETH) and Tron (TRX) in a key metric. In the last 24 hours, Solana has raked in $2.06 million in transaction fees.

Sol Strategies has purchased 12,456 SOL tokens for $2.66 million, increasing its total holdings to 226,798 SOL, while partnering with Tetra Trust to enhance institutional access to Solana staking. The post Sol Strategies Buys $2.66M in SOL, Partners with Tetra Trust for Staking appeared first on Cryptonews.

One on-chain metric looks bullish for Ethereum's (ETH) mid- and long-term outlook, according to the crypto analytics firm Santiment. The firm notes on the social media platform X that the average fee of an Ethereum transfer is currently priced at $0.41, a sharp drop from $15.21, the high point in the past two years.

SOL, the native token of the Solana network, is one of the worst-performing cryptos in recent days. Once the darling of the meme coin crowd, the popular blockchain is facing its toughest test yet with its massive price drop and dip in network activity.

JPMorgan analysts have raised concerns over declining institutional demand for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) futures, suggesting this trend could contribute to broader weakness in the cryptocurrency market. What Happened: The analysts observed that futures contracts for both cryptocurrencies on the Chicago Mercantile Exchange are approaching a condition known as backwardation, where futures prices drop below spot prices, according to The Block.

Solana (SOL) has seen a growing sense of caution among its long-term holders, as indicated by its Net Unrealized Profit/Loss (NUPL) metric. The NUPL tracks the profitability of coins held by long-term investors and has recently fluctuated between 0.4 and 0.6.

The Sonic price has jumped by 10% today, with its rise coming as the market becomes increasingly bullish about the rebranded token. The post Sonic Price Explodes 66% in Two Weeks – Is This the Next Solana? appeared first on Cryptonews.

Such a move would push DOGE to well above $0.3.

Ethereum (ETH), the leading altcoin, has faced severe price resistance at the $3,200 level for the past 30 days. Since the beginning of February, when ETH dropped below $3,000, Ethereum whales have maintained an optimistic outlook on the asset.

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If Vitalik Buterin were starting Ethereum today, he would struggle to raise funds owing to the shift in crypto's focus from innovation to influencer-driven marketing.

The majority of the coins are bouncing off today, according to CoinMarketCap.

A crucial call to action has been issued to XRP Ledger nodes and validators as the UNL migration to the new XRPL Foundation begins.

Reduced onchain activity has led to a sharp decline in Ethereum transaction fees, bringing costs to the lowest since 2020, and raising concerns about overall network demand.

SUPER, HYPE and BTC contributed CoinLedger users' largest unrealized gains, with ETH, ADA and POL leading the losses.

On-chain data shows the XRP whales have participated in a large amount of net buying recently, a sign that could be bullish for the asset's price.

The SEC has acknowledged a filing from Cboe BZX Exchange on behalf of 21Shares to allow staking for its Ethereum ETF.

Ethereum (ETH) has been trading within a narrow range since the beginning of February, oscillating between key support and resistance levels.

XRP's (CRYPTO: XRP) latest surge follows the SEC acknowledging CoinShares' spot XRP ETF filing and Donald Trump's media post referencing Ripple's business—fueling speculation about XRP's role in future crypto adoption. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.69 $155.6 billion +3.5% +10.3% Bitcoin (CRYPTO: BTC) $97,546.59 $1.93 trillion +1.5% +1.7% Ethereum (CRYPTO: ETH) $2,747.97 $331.4 billion +1.2% +3.5% Trader Notes: Crypto chart analyst Ali Martinez highlights that XRP is forming an ascending triangle, positioning for a breakout that could lead to a 26% rally.

In mid-February 2025, XRP experienced a strong resurgence in the cryptocurrency market. It enjoyed its first significant rally on February 13 and February 14, when it rose from about $2.40 to above $2.80.

XRP, the native token of the Ripple network, has experienced a period of downward movement, losing about 21.72% of its value in recent times. This decline was largely due to intensified selling pressure and broader market factors.

Ethereum co-founder Vitalik Buterin has voiced his disappointment with criticism that Ethereum (CRYPTO: ETH) is “bad and intolerant” for not embracing “blockchain casinos.” What Happened: In response to a query on Tako, Buterin revealed that the criticism is that Ethereum “do not respect casinos” on the blockchain.

XRP's market activity has taken a noticeable downturn as whale transactions fall off. According to the latest on-chain data, only 240 million XRP moved in the last 24 hours, suggesting a significant drop in large-scale transactions.

Fewer validators would cut costs, while automatic rewards would simplify operations, P2P.org's Artemiy Parshakov said.